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A+E Networks is placing a bet on the future of digital media, investments and international by promoting two executives in those fields.
The cable company announced Wednesday morning that Daniel Suratt, previously head of digital media and business development, will step into the role of president, corporate development, strategy and investments. Sean Cohan, who leads A+E Networks’ international division, will add oversight of digital media and move up into the role of president, international and digital media.
“Over the next five years, our growth will come from international and digital expansion, as well as revenue diversification,” A+E Networks chief Nancy Dubuc said in a statement. “By appointing Dan and Sean to these new roles and aligning our businesses and goals, A+E Networks is well positioned for future success.”
Suratt, who will report to CFO David Granville-Smith, was part of the team that led A+E’s investments into Vice, Epic Magazine, Panna and Samba. The former NBC Olympics executive was key in the development of the A+E suite of TV Everywhere apps, which have been downloaded more than 44 million times, and other non-linear distribution. He also oversaw the launch of the network’s first direct-to-consumer subscription service, Lifetime Movie Club.
In his new role, Suratt will oversee corporate development, strategy and investments for the company, and will continue to assess investment opportunities and strategies.
Cohan, who will continue to report to Dubuc, now adds responsibility of all strategic, operational, editorial and distribution functions for digital media on a global scale, including broadband and mobile products such as video content, apps, websites and games. He continues to manage the company’s international brands, including its 75 branded channel feeds abroad.
An A+E veteran of nearly 12 years, Cohan has overseen the company’s growth abroad, launching 54 channels in addition to owned and co-owned entities and new businesses in countries including India, France and Russia. He also oversaw co-productions including World Wars and Miracle Rising: South Africa, in addition to local versions of U.S. hits such as Pawn Stars and Dance Moms.
Both Suratt and Cohan’s new roles will be effective Jan. 1.
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